31st January 2013 AUD & Euro Daily reports

AUD Weekly & Daily cycles

Even though Tuesday's price action wasn't a HOOK pattern, I was still expecting the Weekly level @ 1.04430 to form support

Last day of the month and no clear patterns other than looking for short-term 4 hour ranges within the daily cycles:- 41-84 pips

Random Support Thursday's lows and also the Weekly lows, & January 50% level.


Euro Weekly & Daily cycles

Weekly high is the trend guide, whilst Thursday's highs (Resistance)

& 5-day 50% level & 12 hour channel high (Support)